I'd recommend getting an REI-savvy tax pro so you guys make sure you're maximizing your tax strategy as well as when it comes time to file.An REI-savvy tax pro is worth their weight in gold.

You will probably be handling more tenant disputes, talk the tenants through gaining their footing in the world again with money, bill paying, interacting with the general population, etc.  

Compromise with your parents — save up from working and then invest in a home near the college you’ll attend and house- hack it, renting out the other rooms and gaining landlord experience while earning a degree.

This turned out to be a great decision for us and our investors, because a few months after the buyout was complete we sold the property for a massive gain, and our investors received profits that would otherwise have been allocated to the institutional LP had they still been in the deal.For these reasons but not only these reasons we choose to raise capital from our base of HNW investors. 

You’re able to learn the basics of a real estate investment with lower risk and build equity at the same time.With 5% down, returns on cash invested could be huge when you factor in the appreciation gains.

The increase in property taxes, insurance, and maintenance/wear and tear may erase all of your gains and more. 

Despite the challenges, many investors see the potential for capital gains as outweighing the operational complexities.

This also allows you to be involved and gain experience for the future. 

IF all projections are met and the property is sold after 5 years it will be about a 10% annual return after all capital gains taxes are paid. 

The $10,000 course helped 90% of the students feel more confident and they gained $80,000 in equity by the time the year was over while the $2000 course only helped 50% gain $40,000 in equity but limited the loss to only $2000 if they didn't do anything with it.